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Toronto’s Rotman School of Management has received yet another donation. Benefactors Sandra and Joseph Rotman have given the school C$18m which will partly be used in the newly established research centre - the Lloyd and Delphine Martin Prosperity Institute.
Last month, Marcel Desautels, president and CEO of the Canadian Credit Management Foundation gave the school C$10m, bringing his total donations to the school to C$31m. His earlier donations were used to establish the Desautels Centre for Integrative Thinking and to support student scholarships.
In 1993 Sandra and Joseph Rotman gave the University of Toronto C$3m which was used to build a new home for the university’s business school. Four years later they made a further C$15m gift and the school was renamed in Joseph Rotman’s honour.
The prosperity institute conducts research into jurisdictional advantage and prosperity and looks at how regions become magnets for companies to start up, locate and grow. A large proportion of this latest gift will be used to support the activities of the institute, with the balance being used to support various projects including ongoing academic research.
The Rotman school is currently trying to raise C$200m.